Posts Tagged ‘year end holiday forecast’

ORLANDO, Fla. (December 14, 2017) – ‘Tis the season to traditionally spend with family and friends and this year Americans are traveling in record numbers. AAA forecasts 107.3 million Americans will take to planes, trains, automobiles and other modes of transportation during the year-end holiday period from Saturday, Dec. 23 through Monday, Jan. 1. This will be the highest year-end travel volume on record and a 3.1 percent increase in travel volume compared with last year. 2017 marks the ninth consecutive year of rising year-end holiday travel. Since 2005, total year-end holiday travel volume has grown by 21.6 million, an increase of more than 25 percent.

Additional Resources

“More expensive gas prices are not swaying holiday revelers to stay home,” said Bill Sutherland, AAA senior vice president, Travel and Publishing. “In fact, across the board this year, travel has increased year-over-year for every major holiday weekend – Memorial Day, Independence Day, Thanksgiving – and we project the same for the year-end holiday period. We’ve seen the strong economy and growing consumer confidence fuel holiday travel all year long.”

For the 97.4 million Americans traveling by automobile, INRIX, a global transportation analytics company, in collaboration with AAA, predicts travel times during the holiday week could be as much as three times longer than the normal trip.

Planes: 6.4 million people will travel by air, a 4.1 percent increase and the fourth year of consecutive air travel volume increases.

Trains, Buses, Rails and Cruise Ships: Travel across these sectors will increase by 2.2 percent to 3.6 million.

Holiday Headache Hotspots
Based on historical and recent travel trends, INRIX expects drivers will experience the greatest amount of congestion before the holiday week – on Wednesday, Dec. 20 and Thursday, Dec. 21 – in the late afternoon as commuters leave work early and mix with holiday travelers. For example, drivers in New York City could see travel times peak at three times a normal trip between 3:30 and 5:30pm.

“With record-level travelers hitting the road this holiday, drivers must be prepared for delays in major metros,” says Dr. Graham Cookson, chief economist & head of research at INRIX. “Our advice to drivers is to avoid peak times altogether or consider alternative routes.”

Worst Days/Times to Travel

Metro Area

Worst Day for Travel

Worst Time for Travel

Delay Multiplier

New York, NY

Wednesday, Dec. 20

3:30 – 5:30 PM

3x

Los Angeles, CA

Wednesday, Dec. 20

3:30 – 6:00 PM

2.5x

Washington, DC

Thursday, Dec. 21

3:00 – 6:00 PM

2.5x

San Francisco, CA

Wednesday, Dec. 20

3:00 – 5:30 PM

2x

Chicago, IL

Thursday, Dec. 21

4:00 – 6:00 PM

2x

Boston, MA

Thursday, Dec. 21

2:30 – 4:30 PM

2x

Seattle, WA

Wednesday, Dec. 20

4:00 – 6:00 PM

2x

Atlanta, GA

Thursday, Dec. 21

4:30 – 6:30 PM

1.5x

Houston, TX

Wednesday, Dec. 20

5:30 – 7:30 PM

1.5x

Detroit, MI

Thursday, Dec. 21

3:00 – 5:30 PM

1.5x

Source: INRIX

Travel Tip: Try to avoid traveling through major cities during peak travel times. The best times to leave are typically early morning or after the morning commute because the roads should be less crowded and you will have more time to get to your destination safely. If your schedule permits, traveling on the holiday itself often results in fewer cars on the road.

Pricey pump prices to decrease
The 90 percent of holiday travelers choosing to drive will find the most expensive year-end gas prices since 2014. This December’s national average price is $2.47 (Dec. 1-13), which is 28 cents more than last December. The good news is that AAA does expect the average to drop at least another five cents by year-end, saving motorists a few pennies at the pump.

Airfare and hotel rates trend cheaper, car rentals increase year-over-year
Holiday airfares are nearly 20 percent cheaper than last year. At $165, the average end of year holiday airfare for a round-trip flight for the top 40 domestic routes is at a five-year low, according to AAA’s Leisure Travel Index. On average, 2017 airfares are 5 percent less expensive compared to 2016. Overall, competition, capacity over-expansion and lower oil prices are contributing to the decline. Travelers can also find savings at AAA Two and Three Diamond Rated hotels. On average, a Three Diamond hotel nightly rate is $156, a two percent year-over-year decrease. The Two Diamond nightly average rate is $121, a five percent decrease from last year.

Similar to Thanksgiving, car rental rates are more expensive on the year. At $74, the daily car rental rate increased 11 percent. This sets a new five-year record high rate for year-end holiday travel. The increase is on par with the rate increases seen at Thanksgiving.

Top 10 Year-End Holiday Travel Destinations
For a second year, Orlando, Florida, and Anaheim, California, top this year’s top 10 holiday destinations based on AAA.com bookings. Warmer weather destinations reign supreme in winter months with Cancun, Kahului (Maui) and Montego Bay gaining in popularity as holiday spots compared with last year.

Orlando, Fla.

Anaheim, Calif.

Cancun, Mexico

Honolulu, Hawaii

Kahului (Maui), Hawaii

Montego Bay, Jamaica

Punta Cana, Dominican Republic

Miami, Fla.

Fort Lauderdale, Fla.

New York, N.Y.

Travel Tip: Airports will be busy and security lines may be longer than usual around the holidays. Travelers should plan to arrive at the airport at least two hours prior to the scheduled departure of their flight. During peak travel times, contact your airline for guidance, as it may be necessary to arrive even earlier. This time of year travelers need to also be aware of potential weather delays. Make sure to check flight status regularly before traveling to the airport. To expedite travel, AAA recommends enrolling in programs such as TSA PreCheck and Global Entry.

Lockouts, flat tires to strand nearly one million motorists
The vast majority of holiday travelers will drive to their destinations, and AAA expects to rescue nearly one million (901,600) motorists. Car battery-related issues, lockouts and flat tires will be the leading reasons AAA is called for roadside assistance over the holidays. For members in need of roadside assistance, download the AAA Mobile app, visit AAA.com or call 1-800-AAA-HELP. For added convenience, Wazers can now request AAA roadside assistance directly from the Waze app by tapping the Report menu.

Before hitting the road, make sure your vehicle is road-trip ready. Stop by a trusted repair shop, such as one of the more than 7,000 AAA Approved Auto Repair facilities across North America, for an inspection. In case of an emergency, be prepared by keeping a cell phone and charger with you at all times. Carry an emergency kit with a flashlight, extra batteries, warning devices such as flares or reflective triangles, jumper cables, a first-aid kit and extra water.

Travel Tip: Get plenty of rest before setting out on a holiday road trip and schedule breaks every two hours or 100 miles to remain alert and avoid driving drowsy. Also, be aware of the dangers of driving distracted. Drivers should designate a passenger to serve as their official text messenger and navigator.

With the AAA Mobile app, travelers can also find nearly 59,000 AAA Diamond Rated hotels and restaurants. AAA’s is the only rating system that uses full-time, professionally trained evaluators to inspect each property on an annual basis. Every AAA Inspected & Approved establishment offers the assurance of acceptable cleanliness, comfort and hospitality, and ratings of One to Five Diamonds help travelers find the right match for amenities and services.

About the AAA travel forecast:
AAA’s projections are based on economic forecasting and research by IHS Markit. The London-based business information provider teamed with AAA in 2009 to jointly analyze travel trends during major holidays. AAA has been reporting on holiday travel trends for more than two decades. The complete AAA/IHS Markit 2017 year-end holiday travel forecast is available here.

As North America’s largest motoring and leisure travel organization, AAA provides more than 58 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. Motorists can map a route, identify gas prices, find discounts, book a hotel and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. AAA clubs can be visited on the Internet at AAA.com.

About INRIX:
INRIX is the global leader in connected car services and transportation analytics. Leveraging big data and the cloud, INRIX delivers comprehensive services and solutions to help move people, cities and businesses forward. Our partners are automakers, governments, mobile operators, developers, advertisers, as well as enterprises large and small.

ORLANDO, Fla. (December 15, 2016) – More than 103 million Americans—the most on record—are expected to travel for the year-end holidays, according to AAA. This represents a 1.5 percent increase, or 1.5 million more people traveling, compared with last year. This comes despite one fewer travel day this holiday season. The year-end holiday travel period is defined as Friday, December 23 to Monday, January 2, 2017.

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The increase in holiday travel this year is being driven by additional consumer spending, a result of improvements in the labor market and rising wages. Additionally, low gas prices and increased consumer optimism will prompt more Americans than ever to set out on road trips, take to the skies, or board trains, buses and cruise ships to celebrate the holidays.

“’Tis the season for holiday travel, and this year more Americans will travel to celebrate the holidays and ring in the New Year than ever before,” said AAA President and CEO Marshall Doney. “Rising incomes and continued low gas prices should make for a joyous holiday travel season.”

Most travelers will drive this holiday season The vast majority of travelers—93.6 million people—will take a holiday road trip, an increase of 1.5 percent over last year. Air travel is expected to increase by 2.5 percent, with more than 6 million Americans flying to their holiday destinations. Travel by other modes of transportation, including cruises, trains and buses, will decrease slightly, to 3.5 million travelers.

New Year’s gas prices second-cheapest in nearly a decade AAA estimates U.S. drivers have saved more than $27 billion at the gas pumps so far this year compared to the same period last year. Today’s national average price for a gallon of gasoline is $2.23, 23 cents more than the average price on New Year’s Day 2016 ($2.00). Most U.S. drivers will pay the second-cheapest New Year’s Day gas prices since 2009, when the national average was $1.62.

Holiday airfares, hotel rates and car rental prices mixed According to AAA’s Leisure Travel Index, holiday airfares are projected to average $204 for a roundtrip flight along the top 40 domestic routes. Rates for AAA Two and Three Diamond Rated lodgings are expected to increase 7 percent, with travelers spending an average of $128 and $160 per night, respectively. Daily car rental rates will average $66, slightly lower than last year’s holiday travel season.

Warm-weather destinations top the list of most popular holiday destinations With the exception of New York City—an-ever popular holiday destination—warm-weather locales in Nevada, Florida and California top the list of most popular destinations for this holiday season, based on AAA.com bookings.

Las Vegas, Nevada

Orlando, Florida

New York City

San Diego, California

Anaheim, California

AAA to rescue more than 980,000 motorists this holiday season AAA expects to rescue more than 980,000 motorists over the 11-day holiday travel period, with the primary reasons being dead batteries, flat tires and lockouts. Drivers should have their vehicles inspected by a trusted repair shop, such as one of the nearly 7,000 AAA Approved Auto Repair facilities across North America. Members can download the AAA Mobile app, visit AAA.com or call 1-800-AAA-HELP to request roadside assistance.

For motorists who may encounter winter weather conditions during their holiday road trips, AAA recommends checking windshield wipers and inspecting tires to ensure safe drivability before setting out. Pack an emergency kit containing a snow shovel, flashlight, ice scraper, jumper cables, warning devices and extra warm clothing for everyone riding in the vehicle. When driving, slow down and do not tailgate. Leave following distances to a minimum of five to six seconds to allow additional braking room should a sudden stop become necessary.

Before hitting the road, drivers should also get plenty of sleep to avoid driving drowsy. Research from the AAA Foundation for Traffic Safety found that drivers who miss just one to two hours of the recommended seven hours of sleep nearly double their risk for a crash. For long trips, drivers should travel at times when normally awake, schedule a break every two hours or every 100 miles, avoid heavy foods, travel with an alert passenger and take turns driving, and avoid medications that cause drowsiness or other impairment.

Download the AAA Mobile app before a holiday getaway Before setting out on a holiday trip, travelers should download the free AAA Mobile app for iPhone, iPad and Android. The app can help map a route, find lowest gas prices, access exclusive member discounts, make travel arrangements, request AAA roadside assistance, find AAA Approved Auto Repair facilities and more. Learn more at AAA.com/mobile.

With the AAA Mobile app, travelers can also find more than 58,000 AAA Approved and Diamond Rated hotels and restaurants. AAA’s is the only rating system that uses full-time, professionally trained evaluators to inspect each property on an annual basis. Every AAA Approved establishment offers the assurance of acceptable cleanliness, comfort and hospitality, and ratings of One to Five Diamonds help travelers find the right match for amenities and services.

About the travel forecast: AAA’s projections are based on economic forecasting and research by IHS Markit. The London-based business information provider teamed with AAA in 2009 to jointly analyze travel trends during major holidays. AAA has been reporting on holiday travel trends for more than two decades. The complete AAA/IHS 2016 year-end holiday travel forecast can be found here.

As North America’s largest motoring and leisure travel organization, AAA provides more than 56 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. Motorists can map a route, identify gas prices, find discounts, book a hotel and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. AAA clubs can be visited on the Internet at AAA.com.

With 93.3 million Americans expected to take a trip this holiday season, holiday travel to increase by 1.6 percent

ORLANDO, Fla., (Dec. 13, 2012) – AAA projects 93.3 million Americans will journey 50 miles or more from home during the year-end holidays, an increase of 1.6 percent over the 91.8 million people who traveled last year. This increase brings holiday travel figures to within half a million of the decade high mark seen during the 2006/2007 season. The year-end holiday travel period is defined as Saturday, Dec. 22 to Tuesday, Jan. 1, 2013.

Highlights from AAA 2012/13 Year-End Holiday Travel Forecast include:

Year-end holiday travelers to total 93.3 million, an increase of 1.6 percent from the 91.8 million that traveled last year

Ninety percent of travelers (84.4 million) to travel by automobile, representing 26.7 percent of the total U.S. population

Holiday air travel expected to increase 4.5 percent to 5.6 million travelers from 5.4 million in 2011

Median spending expected to increase almost six percent to $759, compared to $718 in 2011 with transportation costs consuming about 29 cents of every travel dollar.

Average distance traveled to increase to 760 miles round-trip from 726 miles, an expected result with an increase in air travelers

Travel volumes for the year-end holidays are generally very stable, only once in the past decade has there been a change in travel volume greater than five percent

Additional Resources

“The year-end holiday season remains the least volatile of all travel holidays as Americans will not let economic conditions or high gas prices dictate if they go home for the holidays or kick off the New Year with a vacation,” said AAA President and CEO Robert Darbelnet. “Primary economic indicators all show modest improvement from last year and AAA is projecting an increase in the number of Americans stuffing their stockings with airline tickets and hotel reservations.”

“As we enter the New Year, one unknown for travel is the looming ‘fiscal cliff’ and the resulting uncertainty related to near-term tax and benefit changes. Having these items unresolved complicates many travelers’ ability to develop an accurate household budget as they plan for future spending and saving decisions. It is important that Congress and the President work together to quickly resolve the situation for the good of the nation,” said Darbelnet.

Impact of gasoline prices on travel plans

AAA estimates the national average price of gasoline will slowly drop through the end of the year and average between $3.20-3.40 a gallon by New Year’s Day. Gas prices dropped about 50 cents a gallon on average from September through early December, but remain at record highs for this time of year. AAA does not expect gas prices to have a major impact on travel volume, but consumers could have more money to spend on holiday shopping, dining and entertainment if prices drop through December as expected.

Approximately 90 percent of travelers (84.4 million) plan to travel by automobile this holiday season. This is a 1.3 percent increase over the 83.3 million people who traveled by auto last year. Air travel is expected to increase 4.5 percent as six percent of travelers or 5.6 million will take to the skies.

Those traveling by air will find lower airfares according to AAA’s Leisure Travel Index. For the year-end holiday period the average lowest round-trip rate is $203 for the top 40 U.S. air routes, a three percent decrease from last year. Approximately 3.3 million travelers will choose other modes of transportation, including rail, bus and cruise ship.

According to AAA’s Leisure Travel Index, year-end holiday hotel rates for AAA Three Diamond lodgings are expected to increase two percent from a year ago, with travelers spending an average of $129 per night compared to $126 last year. Travelers planning to stay at AAA Two Diamond hotels can expect to pay three percent more, at an average cost of $95 per night. Daily car rental rates will average $56, compared to $40 last year.

Average travel distance increases

According to the survey of intended travelers, the average distance traveled by Americans during holiday period is expected to be 760 miles, further than last year when travelers planned to log 726 miles.

Median spending up nearly six percent; top activities are dining and spending time with loved ones

Median spending is expected to be $759, a six percent increase compared to the expected median spending of intended holiday travelers ($718) last year.

Dining (67 percent) and spending time with family and friends (66 percent) and are the most popular activities planned by travelers. It is not surprising that during holiday season shopping is the third most popular activity with 57 percent expecting to shop. More than one-third (34 percent) of holiday travelers plan to sightsee during their trips.

AAA offers digital travel planning resources

AAA’s digital tools for travel planning ‘on the go’ include eTourBook guides for 101 top North American destinations, available free to members at AAA.com/ebooks. Choose from city titles, like the award-winning Las Vegas, regions, like Wine Country, and National Parks.

The free AAA Mobile app for iPhone, Android and iPad uses GPS navigation to help travelers map a route, find current gas prices and discounts and access AAA roadside assistance. Travelers can learn about the AAA Mobile app and AAA Mobile Web at AAA.com/mobile.

On AAA.com, travelers can find thousands of AAA Approved and Diamond Rated hotels and restaurants using AAA’s TripTik Travel Planner or the searchable Travel Guides at AAA.com/Travel. Every AAA Approved establishment offers the assurance of acceptable cleanliness, comfort and hospitality, and ratings of One to Five Diamonds help travelers find the right match for amenities and services.

AAA’s projections are based on economic forecasting and research by IHS Global Insight. The Colorado-based business information provider teamed with AAA in 2009 to jointly analyze travel trends during the major holidays. AAA has been reporting on holiday travel trends for more than two decades. The complete AAA / IHS Global Insight 2012/13 Year-end Holiday Travel Forecast can be found here.

As North America’s largest motoring and leisure travel organization, AAA provides more than 53 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.

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This is the official newsroom of AAA, a not-for-profit organization that provides its members with travel, insurance, financial and automotive services and information. Since its founding in 1902, AAA has been a leader and advocate for the safety and security of all travelers.